by arzt506
Check this out:
Assuming we continue down here, would be hard to pick a more perfect place for a reversal of this dead cat. Bounced straight off the weekly 200 MA AND the .382 fib of the crash. Just beautiful.
The weekly 200 MA has been support for 9 YEARS. You hard yet bear boi? Support becomes resistance.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.